Like most on here, I'm onboard the EV thematic and am following the Cobalt story pretty closely. Fairly heavy in AUZ, JRV and EUC among other smaller holdings in the space.
Given a large part of the EV push is the move away from crude oil and the planetary damage its perceived to be having.
My opinion is that the same tone will be pushed upon the electricity suppliers to be using renewable electricity sources to power these EV's.
I understand there will be a fair bit of solar involved for domestic use, however, my question is;
Has anyone here done their homework with respect to the electricity sources and what IYO, does the future look like for these? Will it be nuclear (Uranium has been challenging for a long term) or will the stigma drive innovation elsewhere? I just can't see existing major sources of electricity standing unchallenged as the EV revolution comes through.
Sorry not specific to the company, just thought was worth discussing!
Thank you
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